"Role Of Industry In Economic Development" Essays and Research Papers

  • Role Of Industry In Economic Development

    What Role has the Insurance industry In Economic development? The insurance industry has come a long way from ship owners, merchants and underwriters gathering in Edward Lloyd’s coffee house in London to discuss their marine voyages to new colonies of the British Empire. Over the years, Insurance has become essential in our everyday lives. Something we just can’t live without. Our Economics and Societies are growing phenomenal rates and have become more and more interconnected on the rest of the...

    Actuarial science, Economics, Financial services 2015  Words | 7  Pages

  • Role of Entrepreneurship in Economic Development

    distribution of economic goods and services." According to Schumpeter, "Entrepreneurship is based on purposeful and systemic innovation. It included not only the independent businessman but also company directors and managers who actually carry out innovative functions". Need For Entrepreneurship Development: Economic development essentially means a process of upward change whereby the real per capita income of a country increases over a period of time. Entrepreneurship has an important role to play...

    Economic development, Economics, Economy 1035  Words | 4  Pages

  • Role of Entrepreneurship in Economic Development

    Role of entrepreneurship in economic development Entrepreneur An entrepreneur can be regarded as a person who has the initiative skill and motivation to set up a business or enterprise of his own and who always looks for high achievements. He is the catalyst for social change and works for the common good. They looks for opportunities, identifies them and seizes them mainly for economic gains. An action oriented entrepreneur is a highly calculative individual who is always willing to undertake...

    Economic development, Economic growth, Economics 787  Words | 3  Pages

  • Role of Service Industry in Economic Development of a Nation

    C17B- SERVICE MARKETING * Explain the role of service industry in economic development of a nation Service sector is the lifeline for the social economic growth of a country. It is today the largest and fastest growing sector globally contributing more to the global output and employing more people than any other sector. The real reason for the growth of the service sector is due to the increase in urbanization, privatization and more demand for intermediate and final consumer services...

    Bank, Economics, Economy 768  Words | 3  Pages

  • The Role of Service Industry in the Economic Development of Bangladesh

    Role of banks in socio-economic development of Bangladesh Banking is a very vital part of an economy and plays very significant contribution towards socio-economic development of a country. This sector is considered to be like the life blood the economy as well. As one of the most important components of the financial system it forms the core of the money market and plays very pivotal role in mobilising resources for productive investments in a country which in turn contributes to economic development...

    Bank, Banking, Cheque 736  Words | 3  Pages

  • Role of Enterpreneurship in Economic Development

    ROLE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT The entrepreneur who is a business leader looks for ideas and puts them into effect in fostering economic growth and development. Entrepreneurship is one of the most important input in the economic development of a country. The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. He plays a pivotal role not only in the development of industrial sector of a country but also in the development of...

    Economic development, Economics, Entrepreneur 966  Words | 3  Pages

  • The Role of Communication Industries in Economic Development

    state-building is relevant both in time, context and content in the peace processes of any given people. In Somaliland, this was true of the process that was undertaken. Even though supported by Civil society, the government and civil society played limed roles. The peace paradigm is different for the paradigm of security or stability: the peace paradigm includes within it an immediacy of justice and freedom as imperatives. Even though the three concepts are intertwined and feed one into the other, the approach...

    British Somaliland, Conflict resolution, History of Somalia 1939  Words | 6  Pages

  • Role of Commercial Banks in Economic Development

    Role of Commercial Banks in Economic Development According to Kent: “An organization whose principal operations are concerned with the accumulation of the temporarily idle money of the general public for the purpose of advancing to others for expenditure.” Various economists have different views about the role of commercial banks in economic development. Schumpeter says, “It is the banking system which serves as a key agent along with the entrepreneur in the process of economic development”...

    Bank, Commercial bank, Economic development 1293  Words | 5  Pages

  • Role of Banks in the Economic Development

    intermediaries. Number and types of Banks: The number of banks in all now stands at 49 in Bangladesh. Out of the 49 banks, four are Nationalized Commercial Banks (NCBs), 28 local private commercial banks, 12 foreign banks and the rest five are Development Financial Institutions (DFIs). Sonali Bank is the largest among the NCBs while Pubali is leading in the private ones. Among the 12 foreign banks, Standard Chartered has become the largest in the country. Besides the scheduled banks, Samabai (Cooperative)...

    Bank, Central bank, Cheque 2033  Words | 7  Pages

  • Role of Agriculture in Economic Development of Bangladesh

    The Role of Agriculture in the Economic Development of Bangladesh Muhammed Nazmul Islam Economic Portrait of Bangladesh After December 1971 Bangladesh was expected to be a prosperous economy by eradication of poverty & utilization of political freedom to avail economic liberation. With great ambitions in eyes & high responsibilities on the shoulder, Bangladesh reached to the 20th century with some achievements & lots of disappointments. In past 20 years (1990 to 2009) the Gross Domestic Product...

    Agriculture, Economic development, Economic growth 1150  Words | 4  Pages

  • ROLE OF CONSTRUCTION IN ECONOMIC DEVELOPMENT

    ROLE OF CONSTRUCTION IN ECONOMIC DEVELOPMENT Provides for economic development and expansion of economic activities Major consumer of physical and natural resources Produces waste Pollutes environment BUILDING MATERIALS “You employ stone, wood and concrete and with these materials, you build homes and places: that is construction” – Le Corbusier Attitudes Towards Building Materials Possibilities and appropriateness Attitudes Efficiency of use (engineering point of view) Adequacy...

    Architecture, Building, Building code 543  Words | 5  Pages

  • Role of Commercial Banks in Economic Development

    The Banking Sector has for centuries now formed one of the pillars of economic prosperity. Indeed history provides us with some starting information regarding how banks provided finance for imperialist ventures in newly acquired colonies. Over time banks have formed an important part in providing an avenue for both savings and investments. Land, Labor, capital and entrepreneurs are the basic economic resources available to business. However, to make the use of these resources, a business requires...

    Bank, Commercial bank, Economics 864  Words | 5  Pages

  • Role of Human Capital in Economic Development

    Introduction Our research topic is to analyze the relationship between human capital and economic growth. Economic growths important determinant are physical capital, labor and human capital. But from the recent trend of world economic growth, we found that human capital is playing a key role by taking the place of material capital and labor. Human capital is intimately related to growth as it increases the nation’s capacity to produce goods and services. It also creates more job opportunities...

    Capital, Capital accumulation, Economic development 2134  Words | 7  Pages

  • Role of Commercial Banks in the Economic Development of a Country:

    Role of Commercial Banks in the Economic Development of a Country: Commercial banks are one of the three primary agents which help circulating funds in the market. Commercial banks provide loans and corporate bonds to the households, new start ups and small medium enterprises to run their businesses. It also obtains money from the households and invests that money to other profitable investments. The money held as customer account then accrues interest which is given to the customer in the form...

    Bank, Commercial bank, Economics 1100  Words | 4  Pages

  • Role of Commercial Bank in Economic Development in India

    country needs the services of financial institutions for accelerating the pace of development. Commercial banks have played a critical role in the economic development of a country. Now a day’s commercial banks are important not just from the point of view of economic growth, but also financial stability. In emerging economies, commercial banks are special for three important reasons. First, they take a leading role in developing other financial intermediaries and markets. Second, due to the absence...

    Bank, Commercial bank, Developing country 1746  Words | 6  Pages

  • Economic Development

    Economic development Economic development is the development of standard of living of humans. Development in infrastructure, health, industry, education, and financial institutions are parts of economic development. Average income of a person, life expectancy at birth, literacy rate, etc. are measurements of economic development. In order to increase the standard of living infrastructure facilities should be developed. Developments in roads, irrigation systems are a part of economic development...

    Developed country, Ecological economics, Economic development 1984  Words | 7  Pages

  • The Role of Agriculture in Indonesia Economic Development

    The Role of Agriculture in Indonesia Economic Development Indonesia can be categorized as an agrarian nation, where the role of agriculture in Indonesia economy really significant. Agriculture sector in Indonesia has a role in: (a) providing job opportunity for the majority of labor force, (b) producing foods for the nation, (c) raw material producer for industrial sector, and (d) strengthening food security and rural development. The role of agriculture becomes more important when Indonesia...

    Agriculture, Economics, Economy 870  Words | 3  Pages

  • Role of Money in the Economic Development

    Competence Diploma Certificate In Offshore and Onshore Industrial Rigging • Offshore Operations and Safety • Industrial Rigging and Safety • Banksman Hand Signal • Merit Certificate Millennium Development goals (MDGs) • Advanced Diploma Microsoft Certified Technologist Specialist(MCTS) in Data Processing QHSE • First Aid & Cardiopulmonary Resuscitation (CPR) • General Fire Fighting...

    Cardiopulmonary resuscitation, Diploma, Ikwerre 425  Words | 3  Pages

  • Economics Notes: Economic Development

    Economic Development - Changes in income, savings and investment along with progressive changes in socio-economic structure of country Economic Growth - Economic growth refers to an increase in the real output of goods and services in the country Globalisation refers to the integration between different countries and economies to operate as a single eco entity Can achieve eco growth by eco development How to achieve eco dev? Trade Patterns - What goods and services a country trades, with whom...

    Customs union, Economic integration, European Union 761  Words | 3  Pages

  • Role of Agriculture in Development

    Role of Agriculture in the Development of Pakistan Zawar Hussain Agriculture is known as the base for the economy of Pakistan in the world view, because since the creation of Pakistan, the field of agriculture was of great focus for economic growth and one of the reason for making agriculture as base of our economy was fertile and rich land of Pakistan. But with the passage of time, to cope with the rest world , Pakistani economists had to think to increase their economic growth and they found...

    Agricultural economics, Agriculture, Economic development 1130  Words | 3  Pages

  • Role of Bangladesh Tourism Industry as an Important Source of Rapid Economic Development— an Empirical Evaluation

    RESEARCH PROPOSAL Topic- Role of Bangladesh Tourism Industry as an Important Source of Rapid Economic Development— An Empirical Evaluation Submitted to-Name –Rahim UddinDesignation-Course Teacher | Submitted By-Name- Tariqur RahmanId-468461321Department-USB | Role of Bangladesh Tourism Industry as an Important Source of Rapid Economic Development— An Empirical Evaluation 1. Introduction Tourism is treated as one of the world's fastest growing industries. While travel was once an uncertain...

    Cultural tourism, Dhaka, Economic development 1450  Words | 5  Pages

  • Economic Development

    [Pick the date] | Home | development | Economic development, achieved largely through productivity growth, is very important to both developed and developing nations. However, even though we know that higher productivity leads to improved economic outcomes there has been no consensus among researchers about either the desired path of development or the role of state in economic development. Concerning the path of development, Lall (2001) says that the appropriate strategy for any ...

    Capital accumulation, Developing country, Economic growth 921  Words | 3  Pages

  • Economic Development

    Introduction Governments the world over have long been investing in infrastructure in the hope of boosting economic development of their country. To study the relationship between infrastructure and economic development, we compared two journals; Infrastructure and Local Economic Development by Rives, J & Heaney, M. (1995) and Infrastructure and Economic Growth: The Nigeria Experience 1980-2006 by Enimola, S (2010). We chose these journals as the journal by Rives, J looked at the approach...

    Capital, Capital accumulation, Economic development 1884  Words | 7  Pages

  • The Role of Small Business in Economic

    THE ROLE OF SMALL BUSINESS IN ECONOMIC GROWTH AND POVERTY ALLEVIATION IN WEST VIRGINIA: AN EMPIRICAL ANALYSIS By Gebremeskel H. Gebremariam1 Tesfa G. Gebremedhin, and Randall W. Jackson RESEARCH PAPER 2004-10 ABSTRACT: The main objective of the study is to empirically evaluate the critical roles of small businesses in economic growth and poverty alleviation in West Virginia. In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A...

    Business, Economic growth, Economics 2099  Words | 7  Pages

  • The Role of Entrepreneurship in Economic Development: Thenigerian Perspective

    and support services to accelerate the development and modernisation of MSMEs, SMEDAN badly needed to have acomprehensive understanding and knowledge of the population of MSMEs in the country, their distribution bysectors such as agriculture, manufacturing, services, trade, construction, mining, technology, etc, and their distribution by rural and urban areas as well as the level of vertical and horizontal linkages within and betweenvarious sectors of industry so as to access the level of industrial...

    Economic growth, Economics, Government of India 1969  Words | 6  Pages

  • essay of development of industries

    Essay on Development of Modern Industries in India under the British Rule SARATHI An important development in the second half of the nineteenth century was the establishment of large-scale machine-based industries in India. The machine age in India began when cotton textile, jute and coal-mining industries were started in the 1850s. The first textile mill was started in Bombay by Cowasjee Nanabhoy in 1853, and the first jute mill in Rishra (Bengal) in 1855. These industries expanded slowly...

    Bengal, British Raj, Capitalism 1689  Words | 7  Pages

  • ROLE OF THE STATE IN ENSURING DEVELOPMENT IN A COUNTRY

     Moi University COLLEGE OF HEALTH SCIENCES IRD 200: DISCUSSION ON THE ROLE OF THE STATE IN ENSURING DEVELOPMENT IN A COUNTRY Submitted By: FRED WAICHERE M. FEBRUARY 2013 INTRODUCTION A state may be simply defined as a nation or territory considered as an organized political community under one government. Claude Ake (1992) defines a state as: The organized aggregate of relatively permanent institutions of governance. It is seen as a set of associations and agencies...

    Africa, Development economics, Economic development 1763  Words | 6  Pages

  • Economic

    Need and importance of ssi In a developing country like India, the role and importance of small-scale industries is very significant towards poverty eradication, employment generation, rural development and creating regional balance in promotion and growth of various development activities. It is estimated that this sector has been contributing about 40% of the gross value of output produced in the manufacturing sector and the generation of employment by the small-scale sector is more than five...

    Economic development, Economic growth, Economics 885  Words | 3  Pages

  • Entrepreneurship and Economic Development.

    Entrepreneurship and Economic Development A Commentary on Entrepreneurship and Economic Development (ed. Wim Naudé) Robert J. Strom Interest in the study of entrepreneurship has flourished among scholars in recent years. This research has brought to light, among other things, the important role of entrepreneurship and innovation in economic growth. We know that innovative entrepreneurs—those who bring new products and processes to the market—are disproportionately responsible for the breakthrough...

    Cyprus, Developed country, Developing country 1731  Words | 6  Pages

  • Role of Capital Market in the Development of a Nation

    Role of capital market in the context of development of nation What is Capital Market? Institutional arrangements for facilitating the borrowing and lending of long term funds. INVESTORS IN CAPITAL MARKET Role of capital market Capital Formation Economic Growth Development of backward area Generates Employment Long Term Capital to Industrial Sector Generation of Foreign Capital Developing Role of Financial Institution Investment Opportunities Capital Formation Rate of capital...

    401  Words | 3  Pages

  • Economic Development and Industrialization

    upon conditions outside human control such as the weather, as well as more efficient division of labor and economic growth. Industrialization is most commonly associated with the European Industrial Revolution of the late eighteenth and early nineteenth centuries. The onset of the second World War also led to a great deal of industrialization which resulted in the growth and development of large urban centers and as well as suburbs. Industrialization is an outgrowth of capitalism. The full...

    Cyprus, Developed country, Developing country 1964  Words | 6  Pages

  • Economics Airline Industry

    Part 1 The Characteristics Of The Airline Industry Preface Introduction The Primary Characteristics Competition Within The Airline Industry The Secondary Characteristics – The Tertiary and Quaternary Characteristics – Part 2 PESTEL Of The Airline Industry Conclusion References PART 1 The Characteristics Of The Airline Industry Preface Economics or Managing In The Global Environment, a subject everyone needs to be familiar with and most believe or think that they are, but at the end of the day, very...

    Airline, Avianca, British Airways 2602  Words | 7  Pages

  • Entrepreneurship and Economic Development

    Role of entrepreneur in the economic development: The entrepreneur who is a business leader looks for ideas and puts them into effect in fostering economic growth and development. Entrepreneurship is one of the most important input in the economic development of a country. The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. He plays a pivotal role not only in the development of industrial sector of a country but also in the development...

    Business, Economic development, Economic growth 2136  Words | 6  Pages

  • The Schumpeterian Theory of Economic Growth and Development

    THE SCHUMPETERIAN THEORY OF ECONOMIC GROWTH AND DEVELOPMENT Schumpeter assumes a perfectly competitive economy, which is in stationary equilibrium. In such a stationary state, there is perfect competitive equilibrium, no profits no interest rates, no saving, no investment and no involuntary unemployment. This equilibrium is characterized by what Schumpeter terms as “circular flow” which continues to repeat itself in the same manner year after year. In the circular flow, the same products are produced...

    Capitalism, Developed country, Developing country 1503  Words | 5  Pages

  • The Role of Transportation in the Development of Tourism

    Lulu Baddar The Role of Transportation in the Development of Tourism In this essay, I will evaluate the role of transportation in the development of tourism and how it will help to improve and expand the tourism industry. I will also mention how different types of transportation will help attract more tourists on choosing a certain destination as well as making their travel experience easier, faster, safer and cheaper. In addition, I will explain some major impacts on the economic and the environment...

    Airline, Dubai, Dubai International Airport 1321  Words | 5  Pages

  • Role of Insurnce in development & growth of economy

    Role & Contribution of Insurance Sector Including Insurance Brokers (intermediary) in the Development & Growth of an Economy & Employment in any Country! Executive Summary: The aims of any economic planning are to produce a competitive environment to promote employment and sustainable long-term growth. This paper demonstrates that the insurance industry plays a vital role in this strategy and provides evidence on how insurers contribute to growth and employment in Europe. Economists have demonstrated...

    Ecological economics, Economic development, Economic growth 651  Words | 3  Pages

  • Economic development

    Economic development is the sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives. Economic...

    Development economics, Economic development, Economic growth 818  Words | 3  Pages

  • Economic Development for Developing Countries

    ECONOMIC DEVELOPMENT SUMMARY CHAPTER 2: COMPARATIVE ECONOMIC DEVELOPMENT (Page 65 – 73) Created By: PATRICIA M. A. ADAM 1006805694 International Undergraduate Program Faculty of Economics University of Indonesia Depok 2013 Larger Rural Populations but Rapid Rural-to-Urban Migration One of the hallmarks of economic development is a shift from agriculture to manufacturing and services. Although modernizing in many regions, rural areas are poorer and tend to suffer from missing markets...

    Colonialism, Cyprus, Developed country 1244  Words | 5  Pages

  • Term paper of economic development

    “Import substitution as implemented failed, and the justifications for out ward orientation are being increasingly undermined” – Guy Bentley From World War II until the 1970’s many developing countries have attempted to accelerate their development by limiting imports of manufactured goods, in an attempt to foster a manufacturing sector to serve the domestic market. This paper will follow the structure of Henry J Brutons’- A reconsideration of import substitution by first examining the theory...

    Economic growth, Economics, Economy 1790  Words | 5  Pages

  • Economic of Industry

    may want to diversify and provide a critical assessment of the economic validity of their reasons for diversifying. Abstract Despite the different degree of competitions and the level of development in the market across the various types of industries, most firms are continuously and consistently looking for ways and opportunities to enhance their ability to grow or even to just maintain sustainability and survival in the industry. Firms carry out diversification such as developing new lines and...

    Cost, Costs, Economics 1780  Words | 5  Pages

  • Role Of Financial Institutions In Economic Development Of Pakistan

    Role of Financial Institutions in Economy’s Development of Pakistan The importance of Financial Institutions (FIs) cannot be overemphasized. Financial Institutions perform the important function between providers of investable funds (depositors, securities holders etc.) and the users of such funds (namely businesses). Any economy can’t progress without its financial sector facilitates its business activities consistently, and in the case of a developing country like Pakistan, these FIs act as a...

    Bank, Commercial bank, Credit union 1627  Words | 4  Pages

  • Role of Banking in the Economic Development of Bangladesh

    developing staff with opportunities for training and career progression through dedicated clinical education and learning & development departments. These hospitals are fully equipped with all the latest equipment and cutting edge technology, the pay is excellent and they offer other benefits such as healthcare cover, pensions and employee discounts. There are all sort of exciting developments going on at these private hospitals as they make preparations for the increased demand that is being placed on their...

    Art Nouveau, Charles Rennie Mackintosh, European Capital of Culture 1208  Words | 4  Pages

  • economic development

    ECONOMIC DEVELOPMENT, 1st definition - it is the sum of growth and change Growth vs. change: Growth  - the increase in the kinds and quantities of the available resources Change - the rising standard of living Questions to ponder What is the difference between economic development and development? Which comes first, growth or change? Can an economy experience growth without change? TWO CONTEXT OF DEVELOPMENT  National - development is a combined  effort of both the national and...

    Bretton Woods system, Currency, Economic development 567  Words | 1  Pages

  • Education and Economic Development

    Education and economic development The analysis of education as an economic commodity has a long history. The seminal work of Becker (1962) and Schultz(1962) presented a formal model of education as an investment good that augmented the stock of human capital. Individuals made educational choices in the same way as any other investment decision all of which have the common characteristic that an investment cost paid now produces a flow of benefits through time whose present discounted value is...

    Economic development, Economic growth, Economics 2069  Words | 6  Pages

  • Population Growth and Economic Development

    DO LARGE POPULATION A KEY TO ECONOMIC PROGRESS Introduction: Thomas Malthus in his published book “An Essay on the Principle of Population” claimed that there is a tendency for the population growth rate to surpass the production growth rate because population increases at a geometrical rate while production increases at an arithmetic rate. Thus, the unfettered population growth in a country could plunge it into acute poverty. However, the pessimist view has proven unfounded for developed economies...

    An Essay on the Principle of Population, Economic development, Economics 1152  Words | 4  Pages

  • Five Year Plans for Economic Development

    Five year Plans for Economic Development After the 6.25 war, most of all production institution was in ruin condition, so the South Korea economic had to start off with a clean state. In 1950s, Korea could survive based on U.S.A’s support, but when the international balance of payments and the budget deficit expanded, U.S.A had to announce to Korea that they will reduce the amounts of the support. For this reason, the president of South Korea, Park Jung Hee, who seized the power through staging...

    Developed country, Economic development, Economic growth 2038  Words | 6  Pages

  • The Role of Shipping in International Economic Integration

    The role of shipping in international economic integration Introduction    what is “International economic integration? “Economic integration is a process of active concurrent execution of two things: on the one hand, add the market economy and every country with regional markets and the world through the efforts made to promote open and free liberalization of the national economy, and on the other hand, join and contribute to building the institutions of regional and global economic 1.With...

    Cargo, Economics, Globalization 1013  Words | 4  Pages

  • economic development

    country, or "more developed country" (MDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.[1] Which criteria are to be used and which countries can be classified as being developed...

    Cyprus, Developed country, Developing country 711  Words | 3  Pages

  • Economic growth and economic development

    ref=MjBfMDZfMTFfMTNfMV8yN18xNzI0OTk= Economic growth and economic development Like the infrastructure development, improvement of legal mechanism Can now be regarded as the most important precondition for sustainable Growth, a stronger economy, and pro-people system of governance, Writes M S Siddiqui Economic development generally refers to sustained and concerted actions, taken by the policy-makers and communities, which promote the standard of living and economic health...

    Development, Economic development, Economics 1031  Words | 4  Pages

  • Media and economic development

     VOL 20 NO 157 REGD NO DA 1589 | Dhaka, Sunday, December 30 2012 http://www.fe-bd.com/index.php?ref=MjBfMTJfMzBfMTJfMV8yN18xNTQ4NDg= Media and economic development Published : Sunday, 30 December 2012 M S Siddiqui Bangladesh is a country aspiring to be a member of the middle-income group of states. It has been recognised by some quarters as an 'emerging tiger' with too many challenges at hand. Bangladesh is the seventh largest country in the world in terms of population. Despite...

    Bangladesh, Chittagong, Dhaka 1404  Words | 4  Pages

  • Impact of Economic Development on Science

    ENGINEERING ECONOMICS ASSIGNMENT 1 ECONOMIC DEVELOPMENT AND ITS IMPACT ON SCIENCE Ananthtejas R 09CO12 Economic development Economic development is a broad term that generally refers to the sustained, concerted effort of policymakers and community to promote the standard of living and economic health in a specific area. Such effort can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social...

    Developed country, Developing country, Economic development 2013  Words | 6  Pages

  • Sustainability in Entrepreneurship, Innovation, and Economic Development

    Discuss the relationship between entrepreneurship, innovation and economic development. What role does sustainability play in this relationship? Refer to both theory and examples from the business world to support your discussion. In today’s economy, entrepreneurship is an important subject and entrepreneurial abilities have become a pivotal requirement both nationally and globally. However, enterprises that succeed mostly do so as they are capable of change for the better, through innovation...

    Economic development, Economic growth, Economics 2037  Words | 7  Pages

  • Role of Statistics in Nation's Development

    ROLE OF STATISTICS IN NATION’S DEVELOPMENT | | ARCHANA DILIP | The development status of a nation is under constant spotlight and is a topic of debate and discussion. All nations are deeply engrossed in the race of attaining the status of a ‘developed nation’. Naturally the question arises when can you attribute the word ‘developed’ to a nation. There is no established convention for the designation of ‘developed’ and ‘developing’ countries according to the United...

    Data, Demography, Human Development Index 2348  Words | 6  Pages

  • The Role of Technology in National Development

    FEATURE The Role of Technology in National Development Emmanuel O. Egbogah Executive Chairman Emerald Energy Resources F rom the beginning of time, man has strived to improve his way and quality of life. The caveman discovered how to make and use tools, developed a logical sequence for activities, and evolved processes that added value to his life. The totality of the use and application of his knowledge, skills, tools, and materials constitutes what we today describe as “technology...

    Innovation, Malaysia, Management 2121  Words | 7  Pages

  • The Important Role Played by Small- Scale Industries in India.

    The important role played by small- scale industries in India. 1. Employment generation: The basic problem that is confronting the Indian economy is increasing pressure of population on the land and the need to create massive employment opportunities. This problem is solved to larger extent by small-scale industries because small- scale industries are labour intensive in character. They generate huge number of employment opportunities. Employment generation by this sector has shown a phenomenal...

    Economic development, Economic growth, Economics 743  Words | 3  Pages

  • A Description of Development Economics

    DEVOLOPMENT ECONOMICS Fall 2013 COLLEGE OF ECONOMICS JINAN UNIVERSITY Instructor: Lan Ding (丁岚) Office Hours: Pending or by appointment Email: tlanding@jnu.edu.cn Time: Monday, 19:00-22:00 Classroom: A506 Course Overview Development Economics explains the unprecedented progress that has been made in many parts of the developing world—but fully confronts the enormous problems and challenges that remain to be addressed in the years ahead. The course shows the wide diversity...

    Bankruptcy in the United States, Developing country, Development economics 489  Words | 3  Pages

  • Thai Tourism and Economic Development: the Current State of Research

    tourism industry is currently the worldûs largest and most diverse business sector since it serves as a primary source for generating revenue, employment, private sector growth, and infrastructure development for many countries. Researchers have argued that tourism development not only stimulates the growth of the industry, but also triggers overall economic growth (Lee and Chang, 2008). Hence, enhancing economic growth by promoting the tourism industry has become an important economic development strategy...

    Economic development, Economic growth, Economics 1993  Words | 6  Pages

  • Assess The Role Of Social And Economic Hellip

    Assess the role of social and economic groupings of nations in the world today. (40 marks) Social and economic groupings can provide substantial benefits for their members: political unity and strength, greater economic security, and wider cultural integration. It is therefore unsurprising that many countries seek membership to these organisations. However some economists note that there can often be clear power disparities between their members, and inequalities in the actual benefit gained from...

    Economics, Europe, European Union 1027  Words | 2  Pages

  • The Relationship Between Entrepreneurship, Innovation and Economic Development

    Discuss the relationship between entrepreneurship, innovation and economic development. What role do creativity and problem solving play in this relationship? Refer to both theory and examples from the business world to support your discussion. Date of submission: 26 November 2010 Name: Chen Wanxin School: the University of Nottingham, Ningbo, China Module convenor’s name: Maris Farquharson Module title: Entrepreneurship and Business Module code: P11440 (2010) Length: 1885 words Entrepreneurship...

    Creative destruction, Economic growth, Economics 2171  Words | 7  Pages

  • Entrepreneurship, Innovation and Economic Development

    Entrepreneurship, Innovation and Economic Development “‘Discuss the relationship between entrepreneurship, innovation and economic development. What role do creativity and problem solving play in this relationship?” In today’s world, entrepreneurship and innovation are becoming increasingly crucial as drivers of the economy, especially so in the developing economies where trade plays a major part in generating revenue. In China, small-and medium-sized enterprises (SMEs) account for almost...

    Creative problem solving, Creativity, Economic growth 1951  Words | 5  Pages

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